
SimplyCost ‑ Profit Tracking
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its a good app but its time consuming to input all your product cost from suppliers especially if you can't report your cost from suppliers as an excel!
https://www.kgmcollective.com/
First time I installed it, it did not work. Left feedback and then support contacted me. Apparently they were fixing the servers. Then I went back and installed it again. It worked this time and I was able to download the template csv so I can upload the COGS.
Bulk upload status email was in spam folder.
Other than that, app works fine and developer is on point in support. Numbers are correct. Everything works fine. Although, it would be good to be able include fees we incur from other marketplace like eBay, Amazon, PayPal, etc. But even without it, you can still manually calculate it with the help of this app (get the total profit the app gives you and subtract the marketplace fees from it).
Maybe if we had more sales, we might use this but right now a simple excel sheet with formulas are easier.
This app is very important for us (www.nomadostore.com), we've been managing inventory (450+ SKUs) without having having a clear view on the value of our stock and without being able to track profitability on a daily, weekly or even monthly basis. This wasn't a major issue until a few months ago when our business really took off.
Updating individual products is quite simple and the bulk upload function is very impressive. The app also comes with a range of useful reports.
Support from the developer has been perfect, we couldn't be happier.
Shopify doesn't allow you to input costs, so figuring out exactly how much money you're making off each product has to be done elsewhere. This app is a simple, yet effective solution to this shortcoming. Quick, easy, and you can't beat the price!
Love this app for the simple fact that I did inventory for my taxes in about 30 seconds! I trust my online inventory counts and had no idea how to access them without this app - it calculates your number of pieces in inventory, amount you paid, and amount of profit you will gain. Available CSV downloads as well - so worth it! I also love seeing how much profit I made in a given month. Only wish was that I could figure out how to more accurately input my shipping costs per transaction, but now I use the shipping feature on Shopify and hoping that is calculated now that it is linked. Great app!
Provides a very simple solution to the problem of Shopify not having a way to record the cost prices. Easy to instal and the support was quick to answer a couple of queries. I would say this is an essential app and recommend it.
I have found this very useful for calculating an accurate figure of my cost of goods sold, an essential figure to know when calculating profit! Easy to use app and affordable.
For the price, you can't beat SimplyCost. It helps me figure out how much money I am making off certain products and helps me figure out the dollar amount of inventory I have. Plus, the customer service is quick and easy.
Ultimately it's a mediocre solution for a major failing of Shopify. No cost of goods.
It offered reporting, which we don't use, and it lacks the ability to adjust the COG when new inventory is purchased.
It works for now, but we are quickly outgrowing the $4.99 a month value.
Well worth the $4.99 a month. Easy to install and use and the customer service is very prompt with their responses.